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Showing 931 - 940 of 1876 results for "broker"

Former Opes Prime director acquitted of dishonesty charges

ALICE URIBE  |  MONDAY, 9 SEP 2013
... Justice Whelan of the Victorian Supreme Court, found Smith not guilty on both charges. Opes Prime, a securities lender and broker, which had more than 650 clients, collapsed in March 2008, owing creditors $631 million. Two other directors, Laurie Emini ...

Kenyon Partners renames to Connect Financial

LAURA MILLAN  |  MONDAY, 2 SEP 2013
Kenyon Partners has changed its name to Connect Financial Service Brokers in a move to better reflect the company's role after a change of ownership. Vinvest Investments purchased Kenyon Partners in 2012. The company was originally founded by Alan Kenyon ...

Banned adviser faces jail time over 'tombstoning'

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
... submitting 15 false insurance applications between June 2012 and March 2013 to earn $243,433 in commissions. The insurance broker falsified 21 other documents to hide his dishonest conduct. He falsified emails from fictitious clients and variations to ...

ASIC orders additional AFSL conditions on Sydney firm

LAURA MILLAN  |  MONDAY, 26 AUG 2013
... margin foreign exchange contracts to retail clients. ASIC has also taken legal action against a Cairns-based lender and broker who offered high-interest credit contracts to consumers in one of Australia's most disadvantaged local areas. Proceedings have ...

Australia outstrips US and UK in online trading

MARK SMITH  |  THURSDAY, 22 AUG 2013
Australia's adoption of online share trading platforms is outstripping the US and UK, according to a recent Investment Trends report. More than 530,000 Australians placed at least one share trade in the 12 months to June 2013, equating to 3.2% of the ...

FIIG targets SMSFs with low-limit corporate bond

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Fixed income broker FIIG Securities has cut the lower corporate bond investment limit to $10,000 in a move to attract more investment from the self-managed superannuation fund (SMSF) sector. FIIG had previously put the limit at $50,000, which was itself ...

AFS advisers question payment model

LAURA MILLAN  |  FRIDAY, 16 AUG 2013
Former AFS Group advisers are questioning the method through which advisers get paid after a Court ruling has made it unlikely that they will receive the money they are owed by the dealer group. In the financial advice space, dealer groups usually set ...

AFS advisers denied access to brokerage account

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
The Federal Court of Australia has denied access by former Australian Financial Services Group (AFS) advisers to the money in a brokerage account of the group, which would pay for some of the money owed to advisers. The account holds about $1.9 million ...

ASIC bans broker for deceptive conduct

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Perth-based insurance broker after it found he had engaged in misleading and deceptive conduct. ASIC found that John Andrew Barr, of Darlington, Western Australia ...

Super funds get control with new Bravura broker service integration

ALICE URIBE  |  THURSDAY, 25 JUL 2013
Bravura Solutions Limited (Bravura) has upgraded its superannuation administration systems to integrate member direct broker services for super and pension funds. The new modules within Bravura's superannuation administration systems, Calibre and SuperB ...